SUWANNEE RIVER ECONOMIC COUNCIL INC

SUWANNEE RIVER ECONOMIC COUNCIL INC

LIVE OAK, FL, US
501(c)(3)
EIN
59-1101989

SUWANNEE RIVER ECONOMIC COUNCIL INC

LIVE OAK, FL, US
501(c)(3)
EIN
59-1101989

Overview

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Est.

1977

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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Suwannee River Economic Council Inc, with EIN 59-1101989, is a nonprofit organization dedicated to providing basic and emergency aid, with a mission to empower individuals and families to overcome poverty and achieve a productive lifestyle. Operating with a budget of $10.6 million in 2024, the organization focuses on educating and motivating current and future generations within its community. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its initiatives. More information can be found on their website at https://srecinc.org/.

Mission Statement

TO EMBRACE A COMMUNITY FULL OF POTENTIAL; AND TO EDUCATE AND MOTIVATE PRESENT AND FUTURE GENERATIONS TO DISCOVER AND REALIZE THE DREAM OF A COMFORTABLE AND PRODUCTIVE LIFESTYLE. OUR CUSTOMERS EMBRACE THE CHALLENGE TO RISE ABOVE THE PERILS OF POVERTY, AND DISCOVER WITHIN THEMSELVES THE COURAGE AND STRENGTH TO SUCCEED.
Revenues

$10.6M

Expenses

$10.6M

Net Income:
+$67.5K
Assets

$12.1M

Liabilities

$1.4M

Net Assets:
+$10.7M
Operating Budget

$10.6M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

3

Median grant size
$12.5K
Largest grant received
$3.3M
M
Matthew Pearson
Board Member
B
Barbara Jo Hewitt
Board Member
B
Barbara Daniels
Board Member

Frequently Asked Questions

What is SUWANNEE RIVER ECONOMIC COUNCIL INC’s budget?
In 2024, SUWANNEE RIVER ECONOMIC COUNCIL INC reported an annual operating budget of around $10.6 million. More detailed financial information is available to registered users.
What causes does SUWANNEE RIVER ECONOMIC COUNCIL INC support?
SUWANNEE RIVER ECONOMIC COUNCIL INC supports work in Basic and emergency aid.
Where does SUWANNEE RIVER ECONOMIC COUNCIL INC operate?
SUWANNEE RIVER ECONOMIC COUNCIL INC is headquartered in LIVE OAK, FL.
Who funded SUWANNEE RIVER ECONOMIC COUNCIL INC recently?
In 2025, SUWANNEE RIVER ECONOMIC COUNCIL INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, MID FLORIDA AREA AGENCY ON AGING INC, and DUKE ENERGY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant SUWANNEE RIVER ECONOMIC COUNCIL INC received in 2024?
The largest grant to SUWANNEE RIVER ECONOMIC COUNCIL INC in 2024 exceeds $3.3 million.
What is SUWANNEE RIVER ECONOMIC COUNCIL INC’s reliance on government grants?
SUWANNEE RIVER ECONOMIC COUNCIL INC relied on government grants for more than 75% of their total revenue in 2024.
Overview
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